VINCI has confirmed that it is finalising the satisfaction of conditions required for the takeover of operations at Nikola Tesla Airport in Belgrade, Serbia, under its EUR1.2 billion (US$1.356 billion) concession contract awarded earlier this year.
Following the French Ambassador to Serbia's statement in mid-November that the takeover would occur in the coming weeks, the company has stated that will share an official takeover date shortly.
VINCI achieved financial close of the 25-year contract in November, after securing a EUR100 million (US$113 million) loan from the European Bank For Reconstruction and Development (EBRD). It has also received loan approvals for the project from the International Finance Corporation (IFC) of the World Bank, France's PROPARCO and Germany's Development Finance Institution DEG.
Country updates
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December 03, 2018
Marguerite acquires stake in waste-to-energy PPP in Serbia
Marguerite has announced that it has acquired a 20% stake in Beo Čista Energija (BCE), a company delivering a 25-year waste management and resource recovery project in Belgrade under a Public-Private...
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October 18, 2018
EBRD Board to consider EUR100 million loan for Belgrade airport concession
Vinci Airports' request for a EUR100 million (US$115.4 million) loan from the European Bank For Reconstruction and Development (EBRD) has passed the bank's final review stage and is...
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July 19, 2018
Serbia's Commission for Protection of Competition approves airport concession
Serbia's Commission for Protection of Competition approved the concentration of undertakings created by acquisition of control on the part of company Vinci Airports Serbia over business operations...
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July 11, 2018
Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic said they are starting the talks about the project with CRBC and they are discussing a concession as one of the ways of financing
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June 18, 2018
Serbia announces PPP pipeline
The Serbian Ministry of Construction, Transport and Infrastructure has opened the First Serbian Conference on PPP. Negotiations have started with the Chinese company CRBC on the constru...
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